OCI International Holdings (HK:0329) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
OCI International Holdings Limited has issued a profit warning, expecting to post a significant net loss of HK$15.5 million to HK$16.5 million for the first half of 2024. This marks a considerable increase from the modest HK$581,000 loss reported for the same period in the previous year, mainly due to a net fair value loss on financial assets. Shareholders and potential investors are cautioned to await the full interim results due by the end of August 2024 before trading shares.
For further insights into HK:0329 stock, check out TipRanks’ Stock Analysis page.